KMEW Acquires TSHD River Pearl 48 for ₹250 Cr

Knowledge Marine & Engineering Works Limited (KMEW) has successfully acquired a Trailing Suction Hopper Dredger (TSHD) named River Pearl 48 for a capital cost of approximately ₹250 crore. This acquisition significantly enhances KMEW's fleet capacity for large-scale maintenance dredging projects. The River Pearl 48 has a maximum dredging depth of 36 meters and an estimated annual dredging capacity of 8-10 million cubic meters. It is slated for immediate deployment at the New Mangalore Port Authority (NMPA) to support a recently awarded three-year maintenance dredging contract. The vessel's Indian flag, classification, and crew align with the government's initiative to promote Indian maritime assets and capabilities.